Question
If the Board on examination of record of any proceedings
is satisfied that the order passed by the adjudicating officer is erroneous to the extent it is not in the interests of the securities market, what can the Board do?Solution
Section 15-I(3) of SEBI - The Board may call for and examine the record of any proceedings under this section and if it considers that the order passed by the adjudicating officer is erroneous to the extent it is not in the interests of the securities market, it may, after making or causing to be made such inquiry as it deems necessary, pass an order enhancing the quantum of penalty , if the circumstances of the case so justify: Provided that no such order shall be passed unless the person concerned has been given an opportunity of being heard in the matter: Provided further that nothing contained in this sub-section shall be applicable after an expiry of a period of three months from the date of the order passed by the adjudicating officer or disposal of the appeal under section 15T, whichever is earlier Corresponding sections in SCRA and Depository Act are – 23-I(3) and 19H(3)
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
‘F + R’ means ‘F is the mother of R’
‘F – R’ means ‘F is the father of R’
‘F ÷ R’ means ‘F is the husband of R’...
Which letter-cluster will replace the question mark (?) to complete the given series?
PJVG, VBZB, BTDW, HLHR,?
In accordance with the logic used in the first pair, replace the question mark with the appropriate option given to
4441 : 13 :: 3136 : ??
What should come in place of the question mark (?) in the following series?
-553, -532, -511, -490, -469, ?
Statements:
Some plants are trees.
All herbs are plants.
Conclusions:
I. Some plants are herbs.
II. All herbs a...
Three statements in this question and three related conclusions have been given to them, assuming that the statements given in the statements to be true...
If A denotes ‘+’, B denotes ‘×’, C denotes ‘−’, and D denotes ‘÷’, then what will come in place of ‘?’ in the following equation...
Which figure should replace the question mark (?) if the following series were to be continued?
One morning Kumar and Vikram were talking to each other face to face at a crossing. If Vikram’s shadow was exactly to the left of Kumar, in which dire...
